Record was previously held by Liverpool (think it was about £107m).........so, we made more profit in one year than any other club in the world ever!How is it a “world record” operating profit? Is it bigger than any other football club in history? Or just the biggest in our history? You can’t set world records by only beating yourself!
Hold on there’s a joke in there somewhere...
Record was previously held by Liverpool (think it was about £107m).........so, we made more profit in one year than any other club in the world ever!
157m record profits....wow. Id like to think the club has plans to give a large chunk of this to squad investment and even moreso if we can get cl too. 100m plus player sales to new (top) players and 57m to stadium debt would be nice.
I'm quite surprised Levy wouldn't hide the profit in the business, either by retaining cash or paying down debt.
Surely clubs and agents will see that and raise their expectations?
Unless it is for the benefit of refinancing? (Or dividends..)
You would think there is a strategy here, but I can't quite figure it out.
No... it’s because it would be illegal. The clubs auditors have to sign off on the accounts and if they sign them off as unqualified that would raise heaps of questions and the media would be all over us like a rash.
Quite simply... you don’t issue false accounts.
Unless your favourite colour is Sky Blue...
157m record profits....wow. Id like to think the club has plans to give a large chunk of this to squad investment and even moreso if we can get cl too. 100m plus player sales to new (top) players and 57m to stadium debt would be nice.
Obviously the loan amount will go up this year after the over-run, suggesting that debt will be around the £600m mark.What’s also interesting is that as of June 2018 the stadium cost is £700m and the loan was at £410m of possible £630m. Suggesting we’ve already paid £300m off the stadium.
What’s also interesting is that as of June 2018 the stadium cost is £700m and the loan was at £410m of possible £630m. Suggesting we’ve already paid £300m off the stadium.
No... it’s because it would be illegal. The clubs auditors have to sign off on the accounts and if they sign them off as unqualified that would raise heaps of questions and the media would be all over us like a rash.
Quite simply... you don’t issue false accounts.